Core Insights - Pinterest is focusing on leveraging open-source AI models to reduce costs while expanding its visual AI capabilities [1][5][6] - The company is facing challenges with a predicted weaker holiday shopping season, impacting its fourth-quarter revenue expectations [4] - Pinterest is exploring agentic commerce and enhancing user experience through AI-driven features like Pinterest Assistant [3][10][11] Financial Performance - Pinterest's fourth-quarter revenue is projected to be between $1.31 billion and $1.34 billion, below analysts' expectations of $1.34 billion [4] - The stock price dropped by over 21% following the earnings announcement due to these revenue concerns [4] AI and Technology Utilization - CEO Bill Ready emphasized the effectiveness of open-source models, which have shown significant cost reductions while maintaining comparable performance to proprietary models [6] - The company is actively testing and implementing open-source AI models for various use cases, aiming for cost efficiency [5][6] User Experience and Features - Pinterest is enhancing its shopping experience with AI, including features like "push-button type buying" through partnerships [10] - The introduction of Pinterest Assistant aims to provide personalized recommendations and guidance based on user preferences [11][12]

Core Insights - Pinterest's recent investment in artificial intelligence has not alleviated investor concerns, leading to a 21% drop in shares after the company provided weaker-than-expected guidance and highlighted reduced advertising spending due to trade tariffs [1][2] Financial Performance - Pinterest reported adjusted earnings per share of 38 cents, missing Wall Street's expectation of 42 cents, while revenue met estimates at $1.05 billion, reflecting a 17% increase year-over-year [2] - The company forecasted fourth-quarter revenue between $1.31 billion and $1.34 billion, with the midpoint falling short of Wall Street's estimate of $1.34 billion [4] Market Conditions - The CFO noted a decline in advertising spending in the U.S. and Canada, particularly among larger retailers facing margin pressures from tariffs [3] - The introduction of new tariffs in Q4 is expected to further impact the home furnishing category [3] User Metrics - Pinterest achieved 600 million monthly active users, surpassing analyst expectations of 590 million [4] Competitive Landscape - Pinterest's performance contrasts negatively with peers, as Meta's revenue increased by 26%, Amazon's online ad unit grew by 24%, Alphabet's advertising sales rose nearly 13%, and Reddit reported a 68% surge in sales during the same period [5]

Core Insights - Pinterest Inc. reported modest third-quarter 2025 results, with net income missing estimates while revenues exceeded expectations, driven by strong growth across all regions and enhanced monetization efforts [1][2][3] Financial Performance - Net income on a GAAP basis was $92.1 million, or 13 cents per share, compared to $30.5 million, or 4 cents per share, in the prior-year quarter, reflecting improved profitability due to top-line growth [2] - Non-GAAP net income increased to $262.9 million, or 38 cents per share, up from $223.3 million, or 32 cents per share, in the year-ago quarter [2] - Revenues rose to $1.049 billion from $898.4 million in the prior-year quarter, surpassing the Zacks Consensus Estimate of $975 million, marking a 17% year-over-year growth [3][9] User Metrics - Global monthly active users (MAUs) reached 600 million, a record high, with a 17% year-over-year increase [3][9] - MAUs from the United States and Canada were 103 million, up 4% year over year, while the Rest of the World saw a 16% increase to 347 million [7] Revenue Breakdown - Revenues from the United States and Canada totaled $786 million, up 9% year over year, while revenues from Europe increased by 41% to $193 million [6] - Revenues from the Rest of World rose to $70 million from $42 million in the prior-year quarter, exceeding estimates [6] Average Revenue Per User (ARPU) - Global ARPU stood at $1.78, up from $1.70 in the year-ago quarter, with significant increases in Europe (31% to $1.31) and the Rest of World (44% to $0.21) [8][9] Operational Efficiency - Adjusted EBITDA was $306.1 million, up from $246.9 million in the prior-year quarter, attributed to disciplined expense management and operational efficiency [9] - Total costs and expenses increased to $990.6 million from $904.3 million in the year-ago quarter, with R&D expenses rising to $371.3 million [10] Cash Flow and Liquidity - The company generated $321.6 million in cash from operating activities, compared to $248 million in the prior-year quarter, with cash and cash equivalents totaling $1.13 billion as of September 30, 2025 [11] Future Outlook - For Q4 2025, Pinterest expects revenues between $1.313 billion and $1.338 billion, indicating a year-over-year growth of 14-16%, with adjusted EBITDA projected between $533 million and $558 million [12]

Financial Performance - Pinterest's EPS missed expectations, leading to a weak Q4 revenue outlook [1] - Shares are down over 20%, pacing for the worst day since May 2022 [1] Market Trends & Industry Dynamics - Pinterest cites macro headwinds and moderating ad spend in the US and Canada [2] - Larger US retailers are dealing with tariff-related issues, impacting the home furnishing category [2] - RBC indicates weakness in Pinterest's digital ads universe, reinforcing lack of customer diversity and higher macro sensitivity [3] Analyst Ratings & Perspectives - 81% of analysts still have an outperform or buy rating on Pinterest [2] - JP Morgan remains overweight on the stock, citing user growth, deepening engagement, and overall monetization potential [3] - JP Morgan notes Pinterest's exposure to big retailers may keep shares rangebound near term [3]

Core Insights - Pinterest's shares are experiencing a significant decline, dropping over 20% following disappointing earnings per share (EPS) and a weak revenue outlook for Q4 [1][2] - The company is facing macroeconomic headwinds, particularly in the US and Canada, with larger retailers affected by tariff-related issues [2] Financial Performance - Pinterest reported a miss on EPS and provided a weak revenue forecast for the fourth quarter, contributing to the stock's sharp decline [1] - The stock is on track for its worst day since May 2022, indicating severe market reaction to the earnings report [1] Market Trends - The company is observing a moderation in ad spending, particularly in the home furnishing category, which is expected to be impacted by a new tariff in Q4 [2] - Analysts are responding to the earnings report with a mix of lowered price targets, although 81% still maintain an outperform or buy rating on the stock [2] Analyst Opinions - RBC highlighted that the weakness in digital ads is a concern, emphasizing Pinterest's lack of customer diversity and higher sensitivity to macroeconomic factors [3] - JP Morgan remains optimistic about Pinterest, citing potential for user growth, deeper engagement, and overall monetization despite near-term challenges [3]

Core Insights - Pinterest shares dropped 20% following disappointing third-quarter earnings, with advertising revenue impacted by larger retailers facing tariff challenges [1] - The company reported adjusted earnings of 38 cents per share, below the expected 42 cents, while revenue met estimates at $1.05 billion [1] Financial Performance - Third-quarter sales in the U.S. and Canada were $786 million, falling short of StreetAccount's estimate of $799 million [2] - The finance chief indicated that there were "pockets of moderating ad spend" due to pressure on margins from tariffs affecting larger U.S. retailers [3] Market Dynamics - Analysts noted that tariff-related weaknesses are emerging in the digital advertising space, highlighting Pinterest's lack of customer diversity and increased macro sensitivity [2] - Several banks have lowered their price targets for Pinterest, citing rising competition from platforms like Instagram and TikTok, as well as macroeconomic headwinds [4] - Despite concerns, 81% of analysts still maintain an outperform or buy rating for the company [4]

Core Insights - Pinterest's third-quarter earnings missed expectations, with adjusted earnings per share at 38 cents compared to the projected 42 cents, while revenue increased 17% to $1.05 billion, aligning with estimates [2][3] - Monthly active users grew 12% year-over-year to 600 million, surpassing the expected 590.3 million [2] - The company faces challenges due to tariffs affecting advertising spending, particularly from large retailers in the U.S. and Canada [4][5] Financial Performance - Adjusted EPS for the quarter was 38 cents, below the expected 42 cents [2] - Revenue for the quarter was $1.05 billion, a 17% increase year-over-year, meeting expectations [2] - Guidance for the current quarter is $1.33 billion, slightly below the anticipated $1.34 billion [3] User Growth and Market Position - Monthly active users increased to 600 million, a 12% rise year-over-year, exceeding estimates [2] - Pinterest is focusing on enhancing its competitive edge against platforms like Facebook and Instagram by improving performance-based advertising [7] Strategic Initiatives - The company is investing in AI and product innovation, positioning itself as a leader in visual search and an AI-powered shopping assistant [3][9] - Partnerships with Amazon and Alphabet aim to enhance advertising capabilities and monetization potential [7][8] Market Reaction - Following the earnings report, Pinterest's stock fell over 21% to $25.97, erasing year-to-date gains and dropping below its 200-day moving average [11] - Analysts have mixed views, with some maintaining a neutral stance while others see potential in the company's valuation and future growth [6][10]

Core Insights - Pinterest's shares fell by 20.1% after reporting solid revenue growth but disappointing earnings and guidance for the fourth quarter [2][7] - The company experienced a 17% increase in revenue to $1.05 billion in Q3, driven by a 12% growth in monthly active users to 600 million [4][5] - Adjusted EBITDA rose by 24% to $306.1 million, while GAAP net income tripled to $92.1 million, but adjusted earnings per share fell short of consensus expectations [5][6] Financial Performance - Revenue for Q3 reached $1.05 billion, matching estimates with a 17% year-over-year growth [4] - Monthly active users increased by 12% to 600 million, indicating strong user engagement [4] - Adjusted EBITDA was reported at $306.1 million, a 24% increase, while GAAP net income was $92.1 million, tripling from the previous year [5] Future Guidance - For Q4, Pinterest expects revenue between $1.313 billion and $1.338 billion, reflecting a growth rate of 14%-16%, which is below the consensus estimate of $1.34 billion [8] - The company anticipates adjusted EBITDA for the current quarter to be between $533 million and $558 million [8] Market Position - Pinterest is reportedly losing market share to Meta Platforms, indicating competitive pressures in the digital advertising space [7][9] - Despite solid growth, the company’s performance is weaker compared to competitors, which may impact its long-term market position [9]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Core Insights - Pinterest's shares fell significantly after the company missed profit expectations and provided weak guidance for the holiday quarter [1][5] - The company reported third-quarter adjusted earnings per share of $0.38, which was three cents below analyst expectations, while revenue increased by 17% to $1.05 billion, meeting forecasts [1][2] Financial Performance - For the current quarter, Pinterest anticipates revenue between $1.31 billion and $1.34 billion, slightly below the $1.34 billion expected by analysts [2] - In the U.S. and Canada, revenue grew by 9% to $786 million, with average revenue per user (ARPU) increasing by 5% to $7.64, both figures falling short of analyst estimates [3] User Metrics - Pinterest achieved a record of 600 million monthly active users, indicating strong user growth despite the challenges in monetization [3][5] - Global ARPU was reported at $1.78, which was slightly below expectations, highlighting difficulties in monetizing the expanding user base [3] Market Context - The results reflect broader challenges faced by social media platforms as digital ad spending slows in North America, impacting revenue growth [2] - Compared to Pinterest, shares of competitors Snap and Meta Platforms experienced more muted reactions in early trading following the news [2]